Global Information Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
News Syndicates, Libraries & Archives, and OthersBy Function;
Data Backup & Recovery, Network Monitoring & Security, Human Resource, System Management, Defense, and OthersBy End-User;
Automotive, Healthcare, Retail, Manufacturing, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Information Services Market Overview
Information Services Market (USD Million)
Information Services Market was valued at USD 173,531.25 million in the year 2024. The size of this market is expected to increase to USD 305,198.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.4%.
Global Information Services Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 8.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 8.4 % |
Market Size (2024) | USD 173,531.25 Million |
Market Size (2031) | USD 305,198.70 Million |
Market Concentration | Medium |
Report Pages | 392 |
Major Players
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Information Services Market
Fragmented - Highly competitive market without dominant players
The Information Services Market continues to expand as businesses increasingly depend on high-quality data to guide operations and strategies. With over 65% of enterprises utilizing third-party data services, the integration of external insights has become central to informed decision-making. This shift reflects the growing demand for real-time, accurate, and strategic intelligence.
Accelerating Adoption of Intelligent Technologies
Advancements in AI, machine learning, and natural language tools are reshaping how information services are delivered. More than 50% of providers now include AI-powered features that support predictive analysis and personalized recommendations. These enhancements are making data services more intuitive and value-rich for end users.
Enterprise Solutions Gaining Momentum
Demand for scalable and specialized platforms continues to grow among large organizations. Over 60% of enterprises have implemented professional information systems to stay current on industry developments and regulatory trends. This highlights the rising need for robust, enterprise-grade services that align with strategic goals.
Collaborative Growth and Platform Expansion
Strategic partnerships are playing a key role in market expansion. Approximately 40% of industry initiatives now focus on alliances that integrate diverse content types into comprehensive platforms. These collaborations are enabling service providers to deliver more dynamic and wide-ranging solutions to users.
Information Services Market Recent Developments
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In June 2023, Dun & Bradstreet launched a global business insights platform designed to provide real-time data and analytics to help organizations optimize their supply chains and improve operational efficiency.
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In August 2022, Experian introduced new AI-powered solutions for credit scoring and data analysis, helping businesses and consumers manage their financial information more effectively and securely.
Information Services Market Segment Analysis
In this report, the Information Services Market has been segmented by Type, Function, End-User, and Geography.
Information Services Market, Segmentation by Type
The Information Services Market has been segmented by Type into News Syndicates, Libraries And Archives and Others.
News Syndicates
News syndicates provide pre-packaged news content such as articles, features, and photographs to multiple media outlets. These services are in high demand due to the growing need for real-time information, particularly in the digital space. Approximately 40% of the market share is driven by syndication services offered to online platforms.
Libraries And Archives
This segment includes institutions that collect, preserve, and provide access to historical and current data. With digital transformation, many libraries and archives have transitioned to online repositories, contributing to nearly 35% of the market due to increased access to academic and government research.
Others
The "Others" category comprises miscellaneous information services such as fact-checking databases, research portals, and niche directories. These services are experiencing steady growth, accounting for around 25% of the market as organizations seek specialized information solutions.
Information Services Market, Segmentation by Function
The Information Services Market has been segmented by Function into Data Backup & Recovery, Network Monitoring & Security, Human Resource, System Management, Defense, and Others
Data Backup & Recovery
The Data Backup & Recovery segment focuses on safeguarding digital assets through regular backups and rapid restoration protocols. With increasing concerns over data loss, this function contributes to nearly 30% of the market, especially among enterprises managing large volumes of sensitive information.
Network Monitoring & Security
Network Monitoring & Security ensures uninterrupted network performance and protects against cyber threats. It holds approximately 25% market share, driven by the rising frequency of cyberattacks and the need for real-time threat detection.
Human Resource
This function includes HR information systems that manage employee data, payroll, and recruitment processes. It accounts for around 15% of the market as businesses increasingly adopt digital tools for workforce optimization.
System Management
System Management involves the administration of IT infrastructure, ensuring performance, availability, and efficiency. It represents about 12% of the market, fueled by demand for automated system diagnostics and updates.
Defense
The Defense segment covers military-grade information services for surveillance, intelligence, and secure communication. Making up nearly 10% of the market, it is propelled by the increased emphasis on national cybersecurity frameworks.
Others
This category includes miscellaneous functions like compliance tracking, project reporting, and customer data analytics. Together, they contribute about 8% of the market as businesses look for tailored information services to address niche requirements.
Information Services Market, Segmentation by End-User
The Information Services Market has been segmented by End-User into B2B and B2C.
B2B
The B2B segment includes information services tailored for businesses, such as market research, competitive intelligence, and data analytics. This segment holds around 60% of the market share, driven by the demand for strategic decision-making tools across industries.
B2C
The B2C segment serves individual consumers, offering services like online news, digital libraries, and personal data management. It accounts for nearly 40% of the market, supported by the rise in digital content consumption and personalized information services.
Information Services Market, Segmentation by Geography
In this report, the Information Services Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Information Services Market Share (%), by Geographical Region
North America
North America leads the market due to its advanced IT infrastructure and high adoption of digital services. The region contributes approximately 35% of the global revenue, driven by strong demand in sectors like finance, defense, and healthcare.
Europe
Europe holds a significant share, around 25%, supported by data regulations such as GDPR and increasing investments in digital transformation. The market is fueled by a rising need for data security and information governance.
Asia Pacific
The Asia Pacific region is experiencing rapid growth, accounting for nearly 20% of the market. This expansion is due to the digitalization of enterprises, increasing internet penetration, and the rise of startups across developing economies.
Middle East and Africa
Middle East and Africa represent a growing market, contributing around 10%. The demand is rising for cloud-based solutions and government-led smart city initiatives, particularly in the Gulf countries.
Latin America
Latin America holds close to 10% of the global market share. Growth in this region is driven by expanding IT services, increasing business digitalization, and a growing focus on data-driven decision making.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Information Services Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers
- Digital Transformation
- Emergence of Big Data
- Growing Cybersecurity Concerns
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Expansion of IoT: The global information services market is undergoing a significant transformation, driven in large part by the rapid expansion of the Internet of Things (IoT). As IoT devices proliferate across industries and consumer applications, the demand for information services to manage, analyze, and derive insights from the vast amounts of data generated by these devices is soaring. This trend is reshaping traditional business models and opening up new opportunities for companies operating in the information services sector.
One key aspect of the expansion of IoT is the increasing interconnectedness of devices and systems, creating what is often referred to as the "smart" or "connected" ecosystem. This interconnectedness extends beyond just consumer gadgets to encompass industrial equipment, infrastructure, vehicles, healthcare devices, and more. As a result, the volume, velocity, and variety of data being generated have grown exponentially, presenting both challenges and opportunities for information services providers.
In response to this growing demand, companies in the information services market are investing heavily in technologies such as big data analytics, artificial intelligence (AI), and machine learning to develop sophisticated solutions for processing and extracting actionable insights from IoT data. These solutions enable organizations to optimize operations, improve decision-making, enhance customer experiences, and create new revenue streams. Moreover, as IoT adoption continues to expand globally, particularly in emerging markets, the potential for growth in the information services market remains substantial.
Restraints
- Data Privacy Concerns
- Legacy Systems Integration
- Cost Constraints
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Lack of Skilled Workforce: The global information services market is experiencing unprecedented growth fueled by the increasing digitization of businesses, rising demand for data analytics, and the emergence of new technologies such as artificial intelligence and machine learning. However, amidst this rapid expansion, one of the most pressing challenges facing the industry is the shortage of skilled workforce. This scarcity of talent poses significant hurdles for companies looking to capitalize on the opportunities presented by the burgeoning information services sector.
The complexity and diversity of tasks within the information services field require a highly skilled and adaptable workforce. From data analysis and interpretation to software development and cybersecurity, professionals in this industry need a diverse skill set to effectively navigate the evolving landscape. However, there is a noticeable gap between the demand for these specialized skills and the availability of qualified personnel. As a result, companies often struggle to recruit and retain talent, leading to project delays, increased costs, and compromised quality of service.
The rapid pace of technological innovation exacerbates the skills gap within the information services market. New technologies emerge at a staggering rate, requiring professionals to continuously update their skills and knowledge to remain relevant. Unfortunately, traditional education systems often lag behind in providing the necessary training, leaving many aspiring professionals ill-equipped to meet the demands of the industry. Consequently, businesses are forced to invest heavily in employee training and development programs to bridge the skills deficit, further straining their resources.
Opportunities
- AI and Machine Learning Integration
- Cloud Adoption
- Industry-Specific Solutions
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Global Expansion: The global information services market is experiencing rapid growth driven by technological advancements, increasing demand for data-driven decision-making, and the proliferation of digital transformation initiatives across industries. This market encompasses a wide range of services including data analytics, market research, business intelligence, and consulting services. As businesses seek to gain competitive advantage and stay ahead in today's dynamic landscape, the need for comprehensive and reliable information services has never been greater.
One of the key drivers behind the expansion of the global information services market is the growing adoption of cloud computing and big data analytics. Cloud-based platforms offer scalability, flexibility, and cost-effectiveness, making them an attractive option for businesses looking to leverage vast amounts of data for insights and strategic decision-making. Moreover, advancements in artificial intelligence and machine learning algorithms are enabling more sophisticated data analysis techniques, further enhancing the value proposition of information services providers.
Another significant factor contributing to the expansion of this market is the increasing globalization of businesses. As companies expand their operations into new geographic regions, they require localized market intelligence, regulatory insights, and competitive analysis to navigate unfamiliar territories successfully. Information services providers play a crucial role in delivering actionable insights tailored to specific markets, helping businesses mitigate risks and capitalize on opportunities in a globalized economy.
Competitive Landscape Analysis
Key players in Global Information Services Market include:
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Function
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Information Services Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Digital Transformation
- Emergence of Big Data
- Growing Cybersecurity Concerns
- Expansion of IoT
- Restraints
- Data Privacy Concerns
- Legacy Systems Integration
- Cost Constraints
- Lack of Skilled Workforce
- Opportunities
- AI and Machine Learning Integration
- Cloud Adoption
- Industry-Specific Solutions
- Global Expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Information Services Market, By Type, 2021 - 2031 (USD Million)
- News Syndicates
- Libraries & Archives
- Others
- Information Services Market, By Function, 2021 - 2031 (USD Million)
- Data Backup & Recovery
- Network Monitoring & Security
- Human Resource
- System Management
- Defense
- Others
- Information Services Market, By End-User, 2021 - 2031 (USD Million)
- Automotive
- Healthcare
- Retail
- Manufacturing
- Others
- Information Services Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Information Services Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bloomberg LP
- Thomson Reuters
- IBM Corporation
- Oracle Corporation
- Experian plc
- Nielsen Holdings
- Wolters Kluwer
- RELX Group (formerly Reed Elsevier)
- Equifax Inc
- S&P Global Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market